Despite Dark Themes, A Big Oscar Bounce

Despite its dark themes (slavery and the Civil War are hardly feel-good topics), Lincoln, like other Oscar nominees, has done very well at the box office. Disney has spent about $10 million campaigning for the best-picture prize, hoping for a payoff down the line.

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Originally published on February 22, 2013 5:47 pm

How much is a best-picture Oscar worth? Not the statuette — winners are required to sell that back to the Academy for a buck if they want to get rid of it. No, what's the Oscar worth at the box office?

It's tricky to estimate, obviously, what with some pictures already on DVD when the contenders are nominated, and others just starting their theatrical runs. Still, this is a year where nominations appear to have made a difference, with a surprising number of popular nominees. Surprising because most of the best-picture selections were initially considered too dark to make much money.

Except that a record seven of the nine best-picture nominees have already passed the $100 million mark. And a bit more than a third of that cash has come in since the Oscar nominations — weeks and even months after some of the films opened.

That doesn't happen with most pictures, or even with most nominees. So the Oscar bounce appears to be bigger than usual this year — though it's been purchased, let's note, at considerable expense. The Los Angeles Times estimates that Disney, which is hoping for its first best-picture win with Lincoln, has spent about $10 million campaigning for the award, presumably looking forward to a payoff not just at the box office but also in DVDs, streaming and other revenues later.

Oscar-winning director William Friedkin once called the Oscars "the greatest promotion scheme that any industry ever designed for itself," and the numbers suggest he wasn't overstating. By the time this year's statuettes are handed out, the nine best-picture nominees will together have sold more than a quarter of a billion tickets — meaning that a lot more people than usual will know enough to enter their office Oscar pools. Small wonder Sunday's telecast is commanding record rates for ad time.

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Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED, from NPR News. I'm Melissa Block. At the Oscar ceremony this Sunday night, there will be a lot of talk about excellence in film. But beyond awards and critical acclaim, there's something else excellent about this year's nominees. As our critic Bob Mondello notes, the movies made money - a lot of money.

BOB MONDELLO, BYLINE: How much do you suppose a Best Picture Oscar is worth? Not the statuette - winners are required to sell that back to the Academy for a buck, if they want to get rid of it. No, I mean what the Oscar is worth at the box office. Tricky to estimate, obviously, with some pictures already on DVD when the nominations come out; others, just starting their runs. Still, this is a year where nominations appear to have made a difference, with a surprising number of popular nominees.

Surprising because most of the Best Picture selections were initially considered too dark to make much money. The pretty digital tiger movie, for instance...

(SOUNDBITE OF TIGER GROWL)

MONDELLO: ...is downright Darwinian. The comedy is about mental illness.

MONDELLO: Dark, dark, dark. And everybody knows dark doesn't sell, except that a record seven of the nine Best Picture nominees have already passed the $100 million mark. And a bit more than a third of that cash has come in since the Oscar nominations - weeks and even months after some of the films opened. That doesn't happen with most pictures, or even with most nominees. So the Oscar bounce appears to be bigger than usual this year; purchased, let's note, at considerable expense.

The L.A. Times estimates that Disney, which is hoping for its first Best Picture win with "Lincoln," has spent about $10 million campaigning for the award...

(SOUNDBITE OF MOVIE, "LINCOLN")

DAY-LEWIS: (as Abraham Lincoln) These votes must be procured.

MONDELLO: ...presumably looking forward to a payoff not just at the box office but in DVDs, streaming and other revenues later.

Oscar-winning director William Friedkin once called the Oscars the greatest promotion scheme that any industry ever designed for itself, and the numbers suggest he was not overstating. By the time this year's statuettes are handed out, the nine Best Picture nominees will together have sold more than a quarter of a billion tickets - meaning a lot more people than usual will know enough to enter their office Oscar pools. Small wonder Sunday's telecast is commanding record rates for ad time.